4-Room HDB for Room Rent: 275 Bangkit Road

The HDB 4-room unit in Bukit Batok, with a remaining lease of 60 years, has been appraised at an estimated value of $48,264, translating to a price per square foot (PSF) of $439. This valuation reflects a stable market signal, as it indicates a 0% difference from the baseline pricing in the area, suggesting that the property is competitively priced relative to its peers. Such stability is indicative of a well-balanced market in Bukit Batok, where demand and supply are aligned, providing a compelling opportunity for potential buyers.

With model confidence rated as high, this valuation is supported by an extensive analysis of 163 recent HDB resale transactions within the vicinity. The robust number of comparable sales enhances the reliability of this assessment, offering insights into the underlying market dynamics. As the remaining lease stands at a significant 60 years, it provides potential homeowners with a longer tenure, which is often a critical factor influencing buyer interest and market value in Singapore’s HDB sector. Ultimately, this property presents a sound investment option in a mature estate, aligning with the preferences of discerning buyers seeking both stability and growth potential in their real estate portfolio.